Co2 Foundation

SEATTLE, WA EIN: 83-3981914

Co2 Foundation is a private foundation focused on Environment & Animals, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 27 grants totaling $1.0M. Net investment income was $842K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.3M

+323.4% YoY

Annual Giving

$1.0M

+230.7% YoY

Grant Count

+145.5% YoY

Avg Grant Size

$37K

+34.7% YoY

Under IRS private-foundation payout rules, Co2 Foundation reported a distributable amount of $116K for 2024 — the minimum it must pay out in qualifying distributions.

About Co2 Foundation

Based on IRS filings

Focus Areas

Environment & Animals

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $381K (23%)

Oregon $285K (17%)

Massachusetts $224K (14%)

California $188K (11%)

New York $118K (7%)

New Jersey $100K (6%)

Connecticut $99K (6%)

Utah $71K (4%)

+5 more states

States

Arizona California Connecticut Illinois Massachusetts Montana North Carolina New Jersey New York Oregon Utah Washington Wisconsin

Cities

Bainbridge IslandBostonBrooklynCharlestownChicagoCorvallisFriday HarborMadisonMount VernonNew HavenNew YorkPalo AltoPetalumaPhoenixPortlandPrincetonRed LodgeSalt Lake CitySan FranciscoSanford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$8,299,815	$1,960,134	$1,776,347
Revenue	$5,960,759	$38,944	$572,320
Expenses	$1,100,997	$602,817	$602,531
Qualifying Distributions	$1,176,021	$466,854	$569,064
Net Investment Income	$842,422	$35,536	$550,024
Distributable Amount	$115,591	$99,649	$138,875

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

49 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Grist Magazine ($98,419), University of Washington - Friday Harbor Labs ($84,746), The Conversation Us ($82,650).

Recipient	Purpose	Amount
ACTION FOR THE CLIMATE EMERGENCY (ACE) CHARLESTOWN, MA	DELIVER AND ANALYZE A NATIONAL SOCIAL MEDIA CAMPAIGN CONNECTING EXTREME WEATHER EVENTS AND FOSSIL FUEL POLLUTION, INCLUDING DATA COLLECTION ABOUT HOW INFO IS RECEIVED IN THE WAKE OF SPECIFIC EXTREME WEATHER EVENTS.	$71,250
AFFILIATED TRIBES OF NORTHWEST INDIANS (ATNI) PORTLAND, OR	EMPOWERING TRIBES TO LEVERAGE THE POWER OF EFFECTIVE NETWORKS, REDUCING THE RISK OF EXTREME WEATHER IMPACTS AND INCREASING THE NUMBER OF CARBON SEQUESTRATION AND MITIGATION PROJECTS ON TRIBAL LANDS.	$2,422
LEAGUE OF CONSERVATION VOTERS - CHISPA AZ PHOENIX, AZ	HOUSE PARTIES AND A SUMMIT TO DISCUSS/DISCOVER AND THEN PRESENT WHAT IMPACTED COMMUNITY MEMBERS WANT TO DO WITH IRA FUNDS.	$57,000
CLIMATE CENTRAL PRINCETON, NJ	SUPPORTING OCEAN-BASED WEATHER EVENT ATTRIBUTION: LEADERSHIP IN COMMUNICATING CLEARLY ABOUT THE INFLUENCE OF CLIMATE CHANGE ON WEATHER EVENTS.	$50,000
CONSERVATION BIOLOGY INSTITUTE CORVALLIS, OR	2024 STATE OF THE CLIMATE PAPER IN BIOSCIENCE.	$59,850
CONSERVATION BIOLOGY INSTITUTE CORVALLIS, OR	FINISHING 2023 WORLD SCIENTISTS WARNING PAPER IN BIOSCIENCE.	$3,000
EARTH OVERSHOOT - TRANSMEDIAVISION MOUNT VERNON, WA	COMPLETE EPISODE 1 OF THE CLIMATE RESTORERS (HTTPS://WWW.THECLIMATERESTORERS.COM), A 4-FILM DOCUMENTARY SERIES IN PRODUCTION.	$50,000
ECOADAPT BAINBRIDGE ISLAND, WA	FOSTERING A NATIONAL CLIMATE CHANGE ADAPTATION CONVERSATION AND CATALYZING THE ACTION REQUIRED FOR INNOVATIVE AND COLLABORATIVE CLIMATE-AMPLIFIED EXTREME WEATHER RESILIENCE.	$47,500
ENVIRONMENTAL DEFENSE FUND NEW YORK, NY	THIS PROJECT WILL IDENTIFY ACTIONABLE STRATEGIES FOR DISASTER INSURERS TO HELP LOWER RISKS, PRODUCING A REPORT TO BE SHARED THROUGH EXISTING NETWORKS WITHIN THE INDUSTRY.	$67,687
FOUNDATION FOR WATER AND ENERGY EDUCATION (FWEE) SPOKANE, WA	CREATION OF A 2D ADVENTURE VIDEO GAME REFLECTING EXTREME WEATHER AND OTHER CLIMATE CHANGE-RELATED IMPACTS TO THE WATER CYCLE.	$1,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KAREN WOLFGANG	EXECUTIVE DIRECTOR	40	$113,417
WILLIAM CALVIN	PRESIDENT	2	—
KATHERINE GRAUBARD	VICE PRESIDENT	10	—
STEPHANIE MORET	TRUSTEE	10	—

Subject Areas

Focus areas based on grantmaking activity

Environment & Animals

Frequently Asked Questions

What is Co2 Foundation?

Co2 Foundation is a private foundation focused on Environment & Animals, based in SEATTLE, WA. It holds $8.3M in total assets as of 2024.

How large is Co2 Foundation?

As of 2024, Co2 Foundation holds $8.3M in total assets with $6.0M in annual revenue. It awarded 27 grants totaling $1.0M in 2024.

Where does Co2 Foundation operate?

Co2 Foundation has awarded grants in Arizona, California, Connecticut, Illinois, Massachusetts, Montana, North Carolina, New Jersey, New York, Oregon, Utah, Washington, Wisconsin.

What size grants does Co2 Foundation award?

In 2024, Co2 Foundation awarded 27 grants totaling $1.0M — an average of about $37K per grant, based on its IRS Form 990 filings.

How much is Co2 Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Co2 Foundation reported a distributable amount of $116K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.